12.23 Bitcoin/Ethereum Volatile Market Attention to Short-term Repair Situation
Bitcoin/Ethereum entered Monday's market still showing a volatile trend, and the overall volatility range is continuously narrowing, which is a sign of an impending trend change that needs to be grasped in a timely manner. Our early morning strategy of placing high short positions aimed at targets around 3270 and 94500 has basically all been reached, however, after the article was published, the market peaked at around 96000 and 3335 before starting to decline, and the publication had a strong delay. Currently, after another round of decline, the market rebounded and rose, essentially returning to the position where the early morning decline occurred, and there is still further upward space for the market. Pay attention to the high-low switching of the market.
From the daily and four-hour charts, the market is still in the upward phase after multiple bottom formations, and there is still a demand to test the resistance at around 98500 and 3550 in the short term, mainly looking for a rebound after a pullback in the evening. The lows are continuously rising, and it is not excluded that there may be further downward spikes in the evening; however, the reference levels at around 95500 and 3300 continue to look bullish. In terms of daily moving averages, the downward movement of the moving averages is also continuously repairing the overall adjustment since the recent decline. Over the weekend, the feasibility of testing the lower support has been continuously assessed, and the current market is frequently switching between highs and lows, so it is important to maintain control over the trend.
For evening operations, Liang Qiu suggests entering long positions for Bitcoin around 95000 to 95600, targeting near 98500; for Ethereum, entering long positions around 3280 to 3310, targeting near 3400. In fact, many friends who have continuously profited from recent layouts can see this clearly. The current market trend is mainly based on waves, and the publication is effective, with specific guidance based on real-time information. #比特币市场波动观察